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09/30/16
SFI Begins Prep For 2020 Olympics

Realizing "the importance of adopting a focused and systematic approach to raise the country’s overall standard," the Swimming Federation of India "has set a target of preparing the promising swimmers for the 2020 Tokyo Olympics," according to Y.B. Sarangi of THE HINDU. The SFI has sent a ...

Tags: Leagues and Governing Bodies, India

09/30/16
Milan Shareholder Doubles Invetment

AC Milan’s prospective new majority shareholder Li Yonghong has "reportedly doubled his investment" from €100M ($112M) to €200M ($225M) as talks with Paolo Maldini are lined up, according to FOOTBALL ITALIA. Corriere della Sera reported club GM Marco Fassone wants Maldini to "spearhe ...

Tags: Finance, Europe, China

09/30/16
Tokyo Games Could Cost $30B

The price tag of the 2020 Tokyo Olympics could exceed 3T yen ($30B) "unless drastic cost-cutting measures are taken and several key venues are relocated, an expert panel warned Thursday in the latest blow to Japanese organizer," according to Mari Yamaguchi of the AP. Panel Leader Shinichi Ueyama sai ...

Tags: Olympics, Japan

09/30/16
'Low Likelihood' Of NFL China Game

NFL Exec VP/Int'l Mark Waller said that there is a "low likelihood" of the league playing a game in China in '18 , but he noted that it will "probably be another two months before the league is ready to make a final call," according to Albert Breer of THE MMQB. In the months since word "started to ...

Tags: Leagues and Governing Bodies, China

09/29/16
Japanese Horses Have Path To Derby

Churchill Downs has formed a partnership with the Japan Racing Association that will allow more Japanese racehorses to qualify to run in America's most famous race, the Kentucky Derby. As part of the agreement, two races run at Tokyo Racecourse, the "Cattleya Sho" and the "Hyacinth," will be added t ...

Tags: Events and Attractions, Japan

09/29/16
Evergrande Gets Back To Property Market

Evergrande, China’s second-largest property developer, is selling $400M of non-core assets "as it reverses a strategy of diversification embarked upon just a few years ago as the mainland property market cooled," according to Weinland & Lockett of the FINANCIAL TIMES. The "highly indebted ...

Tags: Finance, China

09/29/16
Supreme Court Not Happy With BCCI

India’s top court "slammed" the Board of Control for Cricket in India on Wednesday for "failing to comply with stipulated reforms following corruption scandals," saying its officials were "behaving like lords," according to the AFP. The Indian Supreme Court instructed the BCCI to "fall in line ...

Tags: Leagues and Governing Bodies, India

09/29/16
Tokyo Reviewing Olympic Venue Costs

A Senior Tokyo government official said that a panel tasked by the Tokyo metropolitan government with reviewing the costs for hosting the 2020 Tokyo Olympics and Paralympics "plans to propose that the construction of three venues should be reconsidered, and existing facilities possibly used," a ...

Tags: Olympics, Japan

09/28/16
Man City Reportedly Eyeing CSL Club

After investing in franchises in the U.S., Australia and Japan, Man City "now wants to enter the Asian market, specifically China," according to Miguel Pérez of SPORT. Man City is "studying the possibility of acquiring a top Chinese Super Le ...

Tags: Franchises, United Kingdom, Asia

09/27/16
Tottenham To Promote Youth Football

EPL side Tottenham "became the latest club" to join the football drive in China as the team will take part in a "year-long initiative to develop the game at grassroots level in the Asian country," according to Nivedita Shankar of REUTERS. The ...

Tags: Franchises, United Kingdom, Asia

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